OUR NEW WEBSITE IS COMING UP SOON. KEEP VISITING THIS PAGE FOR MORE UPDATES. ----- JOIN OUR WhatsApp BROADCAST LIST, GIVE MISSED CALL ON 08893534646

Tuesday, August 16, 2016

Update on Agri Commodity 16 Aug 2016







Soyabean



Support at 3480 and Resistance at 3600

Two consecutive closes below 3480 will take to 3420---3350 and then to 3200 mark else it could test its resistance level of 3600 again

Further upside rally will see only close above 3600 mark

Trade with levels only







Soyaref (Sep)



Today it jumped and made a high of 659.80 and now trading around 655

Now what to do???

Three consecutive closes + weekly close above 651 will take to 670---680+ mark in days to come

Support at 648---640








Rmseed (Sep)



Support at 4780 and Resistance at 4900

Close below 4780 will take to 4650---4580 mark in days to come else it could test its resistance level of 4900 again

Close above 4900 will take to 4980---5050 mark

Trade with levels only







Guarseed



Not able to breach its support level of 3450 and bounced back to 3729 mark

Close above 3730 will see more upside rally till 3780---3820 and then to 3900 mark else it could test its support level of 3600 and then to 3520---3450 again

Further downside panic will see only close below 3450 mark

Trade with levels only
















More will update soon...